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Flexible ISA Rule changes
Hi there, After the turn of the tax year I subscribed to a flexible cash ISA for a brief period whilst I worked out what to do investment wise. I then withdrew the funds and invested them in another S&S ISA. I was of the understanding that current year subscriptions to a flexible ISA could be withdrawn and replaced in…
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Moneybox vs chip cash isa
Hi, any recommendations to which of the ones above you would pick? Chip offering higher rate but I believe they charge for saving monthly. I have an initial deposit and want to save £250 pm. Money box doesn’t seem to charge for saving monthly. Any advice would be appreciated
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ISA Coventry Maturity
Hi my ISA matures 31st May, offered me 4.5%, but Shawbrook 4.7%. So opened one on 20th May to xfer in. However the acct is sitting empty till the xfer in,am I better sticking in Coventry.? Thanks
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Overpaid my ISA in 23/24 by accident...
Hi - hoping someone can help with this! In 2023/24 I have accidentally overpaid my £20k ISA allowance by £100. I had £1000 in a Nutmeg S&S ISA for the 22/23 tax year, this was to get the £100 bonus they were offering to Chase customers at the time. I didn't realise that in July 2023 this was paid into the Nutmeg ISA, I…
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joint purchase using two ISAs
I have six children, all have ISAs. Can two siblings use each of their ISAs to purchase a property?
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British ISA and The General Election
Now the GE has been called I wonder if this will affect the launch of the British ISA, or even if it will go ahead if Labour should win the election ? I believe an announcement regarding the details of this new ISA was due after 6 June once the consultation process re finer details of the ISA had. Even completed.
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Chip ISA and unable to close account
I opened a Chip ISA,
only to find that the Chip App wanted what appeared to be access to my bank
account incomings and outgoings. Not happy with having an App (and I
assume Chip staff?) looking at my bank account in this manor and monitoring my
life and transactions, I decided to close the account on the same day that…
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transferring one isa, opening and subscribing to another
Hello I know this has been discussed a number of times but I just want to clarify before I advise someone else. A maturing ISA can be transferred to a new ISA now [happens to be with same bank] without adding extra funds and then another ISA opened in a couple of months time to add new subscription of £20k for this tax…
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Flexible ISA rules....
Quick question. I've made £20k contribution to a cash isa in this current tax year. The entire balance is now £55k. If I choose to withdraw £45k, would I be able to repay the entire £45k back into the ISA, before the end of the tax year, or can I only return the original £20k? Not quite sure about this one.
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Isas
Hi can anyone tell me what is the best ISA to start saving in please? We have little cash left over at the end of each month but would like to start and ISA. Are cash ISAs better or stocks and shares ISAs? Many thanks
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S & S ISA, rules, tax and things
If I have a S&S ISA and grow the value by buying and selling, I don't pay CGT or tax on dividends, ok. Is there a limit on how far the ISA can grow? Suppose I just want to sell the shares and hold the money there as cash? Does that make any difference? If say the original 20k becomes 40k, can I transfer 20k to "somewhere…
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APS/Inheritance ISA - I think I messed up….
Advice required please. My husband died 17days ago. I have inherited his ISA and allowance. We both had ISA’s with Moneybox as recommended by Martin, both have used our allowance for this year. Moneybox do not allow transfers in. So my husband’s ISA is being drawn down and I must find somewhere for it to go. I cannot find…
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Cash ISA
I would like to find out if I open a Cash ISA (not fixed) with interest paid annually. What happens if the interest drops and then I want to transfer to another Cash ISA with higher rates, what happens to the interest if you close the account mid way as interest is paid annually? Do they pay you the interest when you close…
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ISA confusion
I have read the ISA rules and various comments from experts and I am now more confused than ever. My dillemma is this: I have opened a new Cash ISA with new money with provider A. I have transferred a maturing ISA with provider A to a new account with provider B - no new money. I have another ISA with provider A maturing…
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If ISA old last years money invested with interest retain tax free status
Hi all, does an ISA from last years money invested with interest gained retain tax free status on the whole amount of £20800 if transferred into a new ISA this year only because it was fixed an now the bank is to open a new ISA as the only option they offer even though I already opened a new Isa in April for this year and…
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Withdrawing from a ISA
I have a existing ISA from previous years. I have not put anything into this ISA this tax year. Can i just take money out, and then put that money into a new ISA, that i have opened in this tax year. The new ISA is with a totally different provider. Thanks
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S&S ISA beginners advice please
I have not used any of this years ISA allowance yet, and currently have approx £20,000 to save or invest. I have maxed out premium bonds, and have two years worth of ISA allowance saved in one year fixes. The majority of my pensions are in DB, with a couple of very small DC, one of which I am still paying into with my part…
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ISA virgin....(Not R.Branson, just a newbie)
Are cash ISA interest payments tax free? Are any "easy access"? Is interest paid monthly? is 5% achievable? TIA
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Stocks and Shares ISA - quick query
Can I open a stocks and shares ISA and then invest in new start-up private limited companies of my choosing? If so, how would it work? Thanks.
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Clarifying ISA Allowances available across multiple years
Hi everyone! I'm not quite clear on ISA Allowances across more than 1 year, and so I wanted to check what the position is - from what I've read I think it's as follows, but it's not quite clear to me and I'd be really grateful if someone could confirm the position definitively, thanks. Year 1I open an ISA with Provider A…
